EURUSD: Technical Outlook | Two Scenarios For Next Week ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ

VasilyTrader์˜
์—…๋ฐ์ดํŠธ๋จ
์Šค๋ƒ…์ƒท

Hey traders,

Based on a price action analysis I see two potential scenarios for EURUSD next week:

  • Bullish
    Even though the pair is trading in a global bearish trend,
    since November we see a correctional movement.
    The market is steadily growing within a rising parallel channel.

    Now the price is approaching its support.
    For now we may expect a bullish movement from that.

  • Bearish
    The channel that we earlier discussed can be perceived as a bearish flag pattern.
    Its support breakout will trigger a trend following move and a test of a current low.


I am still bullish and have a long position on EURUSD.
But be prepared for both scenarios.

โค๏ธPlease, support this idea with like and comment!โค๏ธ

์ฝ”๋ฉ˜ํŠธ
Check my new idea on GOLD:
GOLD (XAUUSD): What to Expect Next Week? ๐Ÿฅ‡
euroEURUSDFibonacciFlagForexfxtraderParallel ChannelTechnical AnalysistradingDJ FXCM Index
VasilyTrader
โœ…Join My Telegram Channel: t.me/VasilyTrading

โ—๏ธYouTube Channel youtube.com/c/VasilyTrader

๐Ÿ’ฐInstagram: instagram.com/VasilyTrader/ ๐Ÿ’ฐ

โœ…Facebook: facebook.com/VasilyTrading/ โœ…

๊ด€๋ จ ๋ฐœํ–‰๋ฌผ

๋ฉด์ฑ…์‚ฌํ•ญ